ODT Ohio Virtual Tax Academy offered May 15 & 16
The Ohio Society of CPAs
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5d ago
The Ohio Department of Taxation is offering its Ohio Virtual Tax Academy, a free event designed to provide tax-related information to small business owners, attorneys and accountants ..read more
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April tax revenues miss by $224 million, taking FY24 shortfall to $446 million
The Ohio Society of CPAs
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5d ago
Higher than expected refund totals drove a $154.8 million shortfall in income tax collections compared to estimates for April, making up the bulk of an overall $224.4 million or 8.4% miss in tax revenues versus forecasts, according to preliminary data from the Office of Budget and Management ..read more
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OSCPA signs onto letter urging DOL to delay implementation of new overtime final rule
The Ohio Society of CPAs
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5d ago
On May 9, the Partnership to Protect Workplace Opportunity, of which OSCPA is a member, sent a letter to the Department of Labor urging them to delay until at least Sept. 1, 2024, the first increase to the minimum salary threshold under the DOL’s new overtime final rule ..read more
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FTC bans noncompete agreements
The Ohio Society of CPAs
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5d ago
The Federal Trade Commission (FTC) issued its final rule on April 23 banning virtually all noncompete agreements covering workers in the United States. Absent a successful court challenge, the rule will go into effect Sept. 4, 2024 ..read more
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Week in Review: May 5, 2024
The Ohio Society of CPAs
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2w ago
Gov. Mike DeWine and Ohio Department of Development Director Lydia Mihalik Wednesday announced the awarding of more than $154 million in grants to fund economic development projects in Ohio's Appalachian region as they made stops in McArthur and Chillicothe ..read more
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Politicos on the Move: May 5, 2024
The Ohio Society of CPAs
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2w ago
Last week in House session, the Democrats selected Rep. Dani Isaacsohn (D-Cincinnati) as their new minority whip, following the departure of Rep. Jessica Miranda to become Hamilton County auditor in the wake of former Rep. Brigid Kelly’s death ..read more
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Property Tax Review Committee meets on back-to-back weeks
The Ohio Society of CPAs
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2w ago
As the Joint Committee on Property Tax Review and Reform looks at potential solutions to rising property taxes around the state, one witness told the committee on April 24 that decoupling property taxes from the Fair School Funding Plan "may have very bad consequences," a notion backed by Ohio school officials ..read more
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State CPA Societies seek to join Ohio in possible alternatives to 150-hour licensure requirement
The Ohio Society of CPAs
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2w ago
Around the country at the state and national levels, discussions continue to take place about potential licensure improvements that will achieve the collective goal of increasing the number of licensed CPAs entering the accounting profession and increasing the number of experienced CPAs who stay in the accounting profession ..read more
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How to take your work life from busy to productive
The Ohio Society of CPAs
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3w ago
Being “busy” is almost worn like a badge of honor around the office, but just because someone is busy doesn’t mean they’re productive ..read more
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Future 2024 trends: Deglobalization, the impact of droughts and more
The Ohio Society of CPAs
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3w ago
OSCPA spoke with Dave Staley, futurist and associate professor in the Department of History at The Ohio State University, on what trends the accounting profession should be aware of this year and into the future ..read more
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